Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why Millennials are still living at home.
Quote of the Day
"You have to get to know people to offer useful financial advice. You have to understand their unique needs, goals, desires and pain points. You have to ask questions, empathize, listen to people, educate them and offer solutions."
(Ben Carlson)
Advisors
- Why you should give away some of your expertise for free. (danielsolin.com)
- Financial planning is not about making money. (fpadvance.com)
- Changing behaviors isn't easy. That's why you need another human involved. (kitces.com)
- Amazon's ($AMZN) Alexa is increasingly going to play a role in wealth management. (financial-planning.com)
Robo-advisors
- Don't go with the robo-advisor for the performance. (pragcap.com)
- An interview with Frank Kolimago head of Vanguard’s Personal Advisor Services. (fsrankings.com)
Retirement
- How far a $1 million goes in retirement in different states. (bloomberg.com)
- Children don't want all the stuff their Boomer parents have accumulated over time. (nytimes.com)
Spending
- Are you spending your money to maximize your happiness? (humbledollar.com)
- 9 things you should pay top dollar for. (artofmanliness.com)
Personal finance
- How high equity valuations affect retirement planning. (blog.thinknewfound.com)
- How to estimate your tax bracket when investing. (betterment.com)
- You don't have to invest in your state's 529 plan. (wsj.com)
- Eight things to do with financial independence besides retirement. (whitecoatinvestor.com)
- 14 financial milestones worth celebrating. (whitecoatinvestor.com)